News Article
Solar-Fabrik AG files for insolvency
Solar-Fabrik AG has filed for insolvency proceedings in self administration at the Local Court of Freiburg. A corresponding resolution was adopted by the Managing Board and approved by the Supervisory Board on Jan 29, 2015.
The company filed for insolvency, since an insolvency situation due a shortage of liquidity (drohende Zahlungsunfähgigkeit) could occur in the course of the 2nd quarter 2015. The company does not suffer from over-indebtedness and is not insolvent.
Solar-Fabrik Wismar GmbH, a subsidiary which is fully owned by Solar-Fabrik AG, has also filed for insolvency proceedings in self administration at the Local Court of Freiburg, today. The remaining subsidiaries of Solar-Fabrik AG have not filed for insolvency proceedings.